Renault’s Alpine division is rapidly transitioning to a fully electric future. Following the A290 electric supermini, Alpine is set to introduce the A390 electric crossover next year. A concept version, dubbed A390_ β, will be showcased at the 2024 Paris Motor Show. Recent shots offer a look at the A390, revealing a distinctive fastback silhouette, Michelin tires, and multi spoke alloy wheels. While specific tire details are unclear, Alpine’s collaboration with Michelin on the A290 suggests that the A390 will likely feature low-rolling resistance tires for enhanced efficiency. 2025 Alpine A390 Electric Crossover (Alpine) The A390’s design echoes the internal…
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Image source: Getty Images Back in July, I wrote about the Burberry (LSE:BRBY) share price. I flagged at that point why I wasn’t going to be investing, as I saw several reasons why I believed the stock could head lower. Since then, it’s continued to fall, hitting fresh 52-week lows and falling out of the FTSE 100. It’s time for me to check in again and see if this has now become a value share that makes sense to buy. Falling further Since the end of July, there have been some added reasons why the stock’s fallen. Four times a…
BRASILIA (Reuters) -The Brazilian Supreme Court on Saturday asked Elon Musk-owned social platform X to present documents validating its new legal representative in the country, as the firm’s lawyers now say it will comply with court demands to be allowed to resume operations in Brazil. X was shut down in Brazil in late August after it did not comply with orders from the top court related to hate speech moderation in the social platform. But in the last few days, X representatives have started to publicly vocalize intentions to address the court demands, even though the firm had previously said…
The Dubai International Financial Centre (DIFC) area of Dubai, United Arab Emirates, with the Burj Khalifa in the backdrop, Sept. 16, 2022.Christopher Pike | Bloomberg | Getty ImagesGlobal chip giants Taiwan Semiconductor Manufacturing Co. and Samsung Electronics have been in talks with the United Arab Emirates to explore building megafactories in the Middle East, The Wall Street Journal reported Sunday, citing people familiar with the interactions and strategies involved.Top executives at TSMC have visited the Gulf state recently to discuss plans of building factory complexes that are comparable to some of the company’s largest and most sophisticated facilities in Taiwan,…
It doesn’t take an investing genius to know that Nvidia (NASDAQ: NVDA) has been a huge winner from the artificial intelligence (AI) boom. The surging demand for graphics pressing units (GPUs) — driven largely by AI — has made Nvidia one of the largest companies on the planet.Can Nvidia grow even bigger? Yep. The chip giant sees a $1 trillion opportunity ahead — and it’s not AI.An unstoppable $1 trillion transitionNvidia CEO Jensen Huang said in his company’s second-quarter earnings call in August, “[T]he world is moving from general-purpose computing to accelerated computing. And the world builds about $1 trillion…
Image source: Getty Images Lloyds (LSE: LLOY) shares would have to be the most popular Footsie financials play. Every time I look at investment platforms’ data, Lloyds is among the most bought stocks. Personally, I prefer another FTSE 100 financial stock over Lloyds. This stock isn’t as cheap as the Black Horse bank, but it has a much better track record when it comes to generating wealth for investors. Britons love Lloyds shares I can understand why UK investors continue to pile into Lloyds shares. For starters, the bank’s well known. And people like to invest in what they know.…
On Monday, OneStream Inc. (NASDAQ:OS) stock received an Outperform rating from BMO Capital, accompanied by a $38.00 price target. The firm began coverage on the enterprise planning and “Office of the CFO” software provider, highlighting the company’s potential for market share growth. BMO Capital noted OneStream’s strong capabilities in data management, consolidation, and artificial intelligence/machine learning (AI/ML) as key differentiators in a competitive landscape that includes both traditional and modern rivals. These technological advantages are expected to position OneStream favorably as companies continue to migrate to cloud-based ERP and financial applications. The analyst’s remarks underscored the company’s prospects for outperforming…
Ukraine, in the midst of war, continues to play an active role in the fight against greenhouse gas emissions.The Climate Innovation Vouchers program, set up by the European Bank for Reconstruction and Development (EBRD) with the support of the European Union (EU), finances Ukrainian companies developing innovative industrial technologies.These initiatives focus on optimizing industrial processes while contributing to decarbonization.Two companies, Pipes.one and Carbominer, are benefiting from this support to develop concrete solutions for the construction and agricultural sectors.The Ukrainian industrial sector is thus positioning itself for resilience in times of crisis, while strengthening its ability to reduce production costs and…
(Bloomberg) — PT Barito Renewables Energy shares plunged by the daily limit for a second day after FTSE Russell said it would exclude the company from its indexes.Most Read from BloombergThe shares fell 20% on Monday, bringing its two-day loss to nearly 36%. The index compiler said last week that the Indonesian power company will be deleted from its gauges on Tuesday after being added on Monday, citing “high shareholder concentration.”FTSE’s unusual decision is the latest twist for the group, whose shares have been on a wild ride since it went public late last year. The gauge operator in June…
Pause to Think: Using Mental Models to Learn and Decide. 2024. Jaime Lester. Columbia Business School Publishing. Pause to Think offers a perfect balance of light and serious reading. It is direct, delightful, and articulate in suggesting specific ways to improve approaches to anything we attempt to do. The author presents mental models in accessible, entertaining ways that prove both memorable and immediately useful. Jaime Lester is a hedge fund industry veteran and an adjunct professor at Columbia Business School. He has divided this powerful book into two sections — Part I: Important Concepts and Part II: Important Frameworks —…